DataCash, a MasterCard owned payment service provider, is bringing its services to Japan, the world’s third largest e-commerce market (view press release). The move will enable merchants looking to enter the Japanese market to accept payments in Japanese Yen via various payment brands including JCB (Japanese Credit Bureau), MasterCard, Visa and Diners. DataCash now accepts domestic and international payments in 180 countries and 170 currencies.
“This is a major milestone for us as Japan is a key market for the global e-commerce industry,” said DataCash president, Ajay Bhalla. “We recognise that merchants are increasingly adopting multi-market, local processing models and this launch is testament to our commitment to delivering these merchants with a solution to capitalise on today’s global opportunities.”